* What: Peru's central bank interest rate decision
* When: Around 6 p.m. (2300 GMT) Thursday, May 8
* Most economists reckon rate will remain unchanged
By Ricardo Serra
LIMA, May 6 (Reuters) - Peru's central bank will likely hold its benchmark interest rate steady at 5.5 percent on Thursday after its monthly monetary policy meeting, according to a Reuters poll.
One of 10 economists surveyed saw a rate rise to 5.75 percent, but all the others expect rates to remain unchanged. after inflation for April slowed to 0.15 percent from 1.04 the previous month.
In April, the bank raised its benchmark rate by a quarter percentage point and hiked reserve requirements for banks, the latest in a series of efforts to curb inflation.
The central bank's inflation target for this year is 2 percent, plus or minus a one percentage point tolerance band.
Most economists expect prices to rise about 4 percent this year, mainly on an uptick in international food prices, and as the economy grows around 9 percent a year.
(Writing by Terry Wade; Editing by Diane Craft)
((terry.wade@thomsonreuters.com; +511 421 1733)) Keywords: PERU ECONOMY/RATES
(Updates to close)
SAO PAULO, May 6 (Reuters) - Brazilian stocks closed little changed on Tuesday, weighed down by banking shares and mobile phone company TIM Participacoes, but buoyed by Petrobras, while the national currency dipped on concerns the government may announce measures to ease a recent surge.
The Sao Paulo Stock Exchange's benchmark Bovespa index <.BVSP> finished just 0.03 percent higher at 70,195.27 points -- a new all-time high close -- after erasing modest losses.
Shares of TIM Participacoes <TCSL4.SA>, Brazil's second-largest mobile phone company, slumped 8.07 percent to 5.24 reais after it reported a wider first-quarter loss. Banks declined after Itau, Brazil's second-largest private sector bank, posted first-quarter results and a slowdown in loan growth.
The Brazilian real <BRBY> weakened for a second consecutive session, edging down 0.12 percent to 1.661 per U.S. dollar.
The government may soon announce measures to boost export industries with a fund to finance Brazilian companies doing business abroad, but the measures are not aimed directly at the strong real, Budget Minister Paulo Bernardo said on Tuesday.
"The government will announce a package (to stimulate exports). Before that package is announced, nothing really will happen in the currency market," said Mario Battistel, manager of currency trading at the Fair brokerage.
Interest-rate futures <0#DIJ:> on the BM&F commodities and futures exchange in Sao Paulo were mostly higher after data on Tuesday showed prices in Brazil's largest city quickened in April. Inflation in Sao Paulo rose 0.54 percent last month, faster than the 0.31 percent gain in March, the Fipe research institute said.
On the stock exchange, Itau <ITAU4.SA>, Brazil's second-largest private sector bank, fell 4.3 percent to 47.61 reais. The bank said on Tuesday its first-quarter profit rose 7.5 percent to 2.04 billion reais from a year earlier and was up 0.7 percent from the fourth quarter. Loan growth slowed to 7.9 percent quarter-on-quarter after expanding 11.9 percent in the fourth quarter. For details, see [ID:nN06364869]
Other banks also fell on concerns growth in lending, one of the main sources of profits for the financial sector in past quarters, may slow further because of an increase in domestic interest rates.
Bradesco <BBDC4.SA> fell 3 percent to 39.09 reais, while Banco do Brasil <BBAS3.SA> dropped 3.67 percent to 28.9 reais.
But state-controlled oil company Petrobras <PETR4.SA> -- Bovespa's bellwether listing -- rose 2.62 percent to 45 reais as crude prices rose nearly 2 percent in London and New York amid concerns over tight supplies.
Mining company Vale <VALE5.SA>, the second most heavily weighted stock in the Bovespa index, gained 1.47 percent to 55.2 reais, buoyed by firmer prices of copper and other industrial metals. (Reporting by Elzio Barreto and Silvio Cascione; editing by Gary Crosse)
((elzio.barreto@thomsonreuters.com; +55-11-5644-7725; Reuters Messaging: elzio.barreto.reuters.com@reuters.net)) Keywords: MARKETS BRAZIL/
WELLINGTON, April 30 (Reuters) - This is a Reuters poll of
economists' expectations for the Reserve Bank of NZ's monetary
policy statement on June 5 and for the following data to be
released by Statistics New Zealand:
* Household Labour Force Survey, March quarter.
The poll also includes forecasts for the market indicators --
the official cash rate, wholesale short-term interest rates, the
New Zealand dollar trade weighted index (TWI) <=NZD>, NZD/USD
<NZD=>, and 10-year government bond yield <NZ10YT=RR>.
---------------------------------------------------------------
RBNZ official cash rate: June 5, 9 a.m. (2100 GMT)
NEXT MOVE JUN RISK (pct) SEP 30 DEC 31 MAR 31
bps +25 NIL -25
ANZ-Natnl Sept '08 (-25) 5 85 10 8.00 7.50 7.00
ASB Bank Dec '08 (-25) 0 80 20 8.25 8.00 7.50
BNZ Dec '08 (-25) 0 85 15 8.25 8.00 7.50
Barclays Q4 '08 (-50) 0 90 10 8.25 7.75 7.25
Deutsche Dec '08 (-50) 0 95 5 8.25 7.75 7.00
FNZ Capital Mar '09 (-50) 0 90 10 8.25 8.25 7.75
4CAST Q3 '08 (-25) 0 75 25 8.00 7.75 7.50
GS JBWere Jun '08 (-25) 0 60 40 7.50 7.00 6.50
ICAP Q3 '08 (-25) 0 75 25 8.00 7.50 7.00
Infometrics Sep '09 (-25) 0 80 20 8.25 8.25 8.25
JPMorgan Q1 '09 (-25) 0 65 35 8.25 8.25 8.00
Macquarie Sep '08 (-25) 0 75 25 8.00 7.75 7.25
RBCCM Q4 '08 (-50) 10 55 35 8.25 7.75 7.00
TD Sec'ties Oct '08 (-25) 0 75 25 8.25 8.00 7.50
UBS NZ Dec '08 (-25) 0 60 40 8.25 8.00 7.50
Westpac Q1 '09 (-25) 0 85 15 8.25 8.25 8.00
MEDIAN: 0 78 23 8.25 7.88 7.50
AVERAGE: 1 77 22 8.14 7.86 7.41
RANGE: 0-10 55-95 5-40
PVS MEDIAN: (April 18) 0 80 10 8.25 8.00 N/A
----------------------------------------------------------------
HOUSEHOLD LABOUR FORCE SURVEY, MARCH QTR (12 RESPONDENTS)
SNZ release May 8
(pct change) Median Average Range
Qtrly employment growth +0.1 0.0 -0.7 to +0.7
Annual employment growth +1.3 +1.4 +0.7 to +2.2
Unemployment rate 3.5 3.5 3.4 to 3.8
Participation rate 68.6 68.6 68.4 to 69.1
----------------------------------------------------------------
MARKET INDICATORS, AT JUNE 30, 2008 (10 RESPONDENTS)
Previous median in brackets
Median Average Range
Official Cash Rate (OCR) 8.25 (8.25) 8.23 8.00 to 8.25
90-day bank bills 8.80 (8.80) 8.60 7.80 to 8.91
NZD TWI 69.6 (69.6) 70.1 67.7 to 72.8
NZD/USD (cents) 78.0 (78.0) 78.0 70.0 to 82.0
10-yr govt bond yield 6.40 (6.40) 6.50 5.80 to 7.90
----------------------------------------------------------------
MARKET INDICATORS, AT MARCH 31, 2009 (10 RESPONDENTS)
Median Average Range
Official Cash Rate (OCR) 7.50 (7.38) 7.45 6.50 to 8.25
90-day bank bills 7.70 (8.00) 7.70 6.30 to 8.70
NZD TWI 66.0 (66.5) 66.1 61.6 to 74.1
NZD/USD (cents) 70.0 (70.0) 70.9 66.0 to 79.9
10-yr govt bond yield 6.20 (6.30) 6.20 5.50 to 6.80
----------------------------------------------------------------
Respondents to the poll: ANZ-National Bank, Bank of NZ,
Deutsche, First NZ Capital, Goldman Sachs JBWere, Infometrics,
JPMorgan, UBS, Westpac, 4CAST.
((Wellington newsroom tel +64 4 471-4234, fax +64 4 473-6212,
wellington.newsroom@reuters.com))
Keywords: NEWZEALAND ECONOMY/POLL
Multimedia versions of Reuters Top News are now available for: * 3000 Xtra: visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen ................................................................ TOP STORIES > Euro zone services growth up as prices soar [nL0666018] > Oil rockets past $122 on weak dollar, supply woes [nSIN170894] > U.S. factory growth seen "marginal" in 2008 - ISM [nN06486408] > Fannie Mae posts loss,to cut payout, raise capital[nN06456763] > UBS axes 5,500 jobs as it sells down subprime [nL06197658] > UK service sector stagnates, costs soar -CIPS [nL06092003] > Brazil March industry expands less than forecast [nN06331837] > Asia sets $2.5 bln farm boost, aid in food price f[nL06292839] > Oil at new record, U.S. stocks rise on optimism [nN06487181] > India's economy to grow about 8 pct - official [nDEL207546] > Soaring energy ups euro zone March producer prices[nL06907527] > China's growth to pick up a touch in Q2 -thinktank[nPEK148916] ................................................................ Global economy health watch [WORLD/ECON] Top Reuters economic analyses [TOP/INSI] ................................................................ TOP NEWS SUMMARIES ON OTHER SUBJECTS | FX News <FXNEWS> | Front Page [TOP/NEWS] | | Politics & General [TOP/G] | Fund management [TOP/FUND] | | Fixed income [TOP/DBT] | Forex [TOP/FRX] | | Credit [TOP/CREDIT] | Commods & Energy [TOP/CE] | | U.S. Companies [TOP/EQU] | Asian Companies [TOP/EQA] | | European Companies [TOP/EQE] | Sports [TOP/SPO] | | Features/Must reads[TOP/FEA] ................................................................ For news and data, double-click on the codes in brackets. Access to some items may depend on subscription level. ................................................................ UP-TO-THE-MINUTE HEADLINES Company results [RES] Economic indicators [ECI] Mergers & acquisitions [MRG] Interest rates [INT] LIVE PRICES & DATA World Stocks <0#.INDEX> Currency rates <EFX=><NFX=> Dow Jones/NASDAQ <.DJI><.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#USBMK=><EURIBOR> HOW TO FIND INFORMATION YOU NEED |<REUTERS> | <NEWS> | <PHONE/HELP> | |<EQUITY> | <BONDS>| <MONEY> | <COMMODITY> | <ENERGY> | ................................................................ Page Editor: Ted d'Afflisio, NY Treasury Desk, +1 646 223 6300 ................................................................
Multimedia versions of Reuters Top News are now available for: * 3000 Xtra: visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen ................................................................ TOP STORIES > Euro zone services growth up as prices soar [nL0666018] > Oil rockets past $122 on weak dollar, supply woes [nSIN170894] > U.S. factory growth seen "marginal" in 2008 - ISM [nN06486408] > Fannie posts loss, to cut payout, raise capital [nN06456763] > UBS axes 5,500 jobs as it sells down subprime [nL06197658] > UK service sector stagnates, costs soar -CIPS [nL06092003] > Brazil March industry expands less than forecast [nN06331837] > Asia sets $2.5 bln farm boost, aid in food price f[nL06292839] > Dollar Libor strains ease following Fed move [nL06395101] > India's economy to grow about 8 pct - official [nDEL207546] > Soaring energy ups euro zone March producer prices[nL06907527] > China's growth to pick up a touch in Q2 -thinktank[nPEK148916] ................................................................ Global economy health watch [WORLD/ECON] Top Reuters economic analyses [TOP/INSI] ................................................................ TOP NEWS SUMMARIES ON OTHER SUBJECTS | FX News <FXNEWS> | Front Page [TOP/NEWS] | | Politics & General [TOP/G] | Fund management [TOP/FUND] | | Fixed income [TOP/DBT] | Forex [TOP/FRX] | | Credit [TOP/CREDIT] | Commods & Energy [TOP/CE] | | U.S. Companies [TOP/EQU] | Asian Companies [TOP/EQA] | | European Companies [TOP/EQE] | Sports [TOP/SPO] | | Features/Must reads[TOP/FEA] ................................................................ For news and data, double-click on the codes in brackets. Access to some items may depend on subscription level. ................................................................ UP-TO-THE-MINUTE HEADLINES Company results [RES] Economic indicators [ECI] Mergers & acquisitions [MRG] Interest rates [INT] LIVE PRICES & DATA World Stocks <0#.INDEX> Currency rates <EFX=><NFX=> Dow Jones/NASDAQ <.DJI><.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#USBMK=><EURIBOR> HOW TO FIND INFORMATION YOU NEED |<REUTERS> | <NEWS> | <PHONE/HELP> | |<EQUITY> | <BONDS>| <MONEY> | <COMMODITY> | <ENERGY> | ................................................................ Page Editor: Ted d'Afflisio, NY Treasury Desk, +1 646 223 6300 ................................................................Next: POLL-Chile April trade surplus seen easing